Do You Need to Purchase Nonowner’s Car Insurance?

For many people living in the city, it seems unnecessary to carry car insurance. After all, if you rarely drive a vehicle, it may seem like you don’t need to have coverage in place.The reality is, however, that you probably should have car insurance even if you only drive a few times per year.

Nonowner’s car insurance is good for anyone that occasionally likes to take a drive outside of the city. Whether you borrow a car from a friend or family member or if you rent a vehicle, having nonowner’s car insurance in place is a good idea.

Nonowner’s car insurance will provide you with coverage if you happen to get in an accident while driving a car that is not yours. While it won’t necessary pay for repairs to the vehicle you are driving, it will pay for your medical expenses.In addition, it will cover your liability if you cause an accident and someone is hurt or injured. It will also pay for repairs to property that you damage when you get into an accident.

What isn’t Covered by Nonowner’s Car Insurance?

Although nonowner’s car insurance will provide you with a certain amount of protection if you are in an accident, there are some things that are not typically covered by nonowner’s car insurance. For example, you usually cannot get collision and comprehensive coverage with nonowner’s car insurance. This is because comprehensive and collision coverage is meant to pay to repair the car if it is damaged.When you borrow a car, the person you borrowed the car from should have comprehensive and collision coverage in place.

Nonowner’s car insurance also usually does not pay for towing the vehicle after it is wrecked or for vehicle rental reimbursement.

Can’t I Get Insurance from the Rental Company?

While you can obtain car insurance from a car rental company when you rent a car, that insurance can be quite expensive. If you only rent a car once or twice per year, paying for your insurance through the car rental company may be a good move. If you rent a vehicle ten times or more, on the other hand, it might be better for you to purchase nonowner’s car insurance. In addition, car owner’s insurance will cover you when you borrow cars from your friends and family as well.

How Much Does Nonowner’s Car Insurance Cost?

The cost of nonowner’s car insurance depends on a number of factors.For example, the city in which you live and your driving record will both have an impact on the cost of your insurance. For most people interested in obtaining nonowner’s car insurance, the cost will likely be somewhere between $200 and $500.

Shannon Kietzman is a freelance writer and an authority on car insurance issues, including methods for auto insurance comparison. She helps others learn the basics of car insurance so they can make proper and informed decisions when choosing the coverage that is right for them.